"The UK's climate tech sector is set for a major boost as Barclays Eagle Labs and Sustainable Ventures officially launch the National Climate Tech Accelerator (NCTA) - a nationwide programme designed to fast-track the growth of the UK's most promising climate and sustainability startups. Applications opened in early November, and more than 80 high-potential climate tech founders from across the UK have already applied, underscoring the demand for funding, technical support and market access at a crucial moment for the sector."
"Andrew Wordsworth, CEO and founder of Sustainable Ventures, said the partnership will dramatically accelerate the UK's transition economy: "This programme will provide hundreds of climate-tech companies with advice and support, giving them an unfair business advantage that will help them scale faster from idea to exit. These businesses will play a vital role in helping the UK meet its net zero targets.""
The National Climate Tech Accelerator (NCTA) is a nationwide programme launched by Barclays Eagle Labs and Sustainable Ventures to accelerate the growth of UK climate and sustainability startups. The programme has attracted over 80 founder applicants and aims to provide funding, technical support, and market access to high-potential ventures. Barclays customers gain enhanced tools to improve market readiness, fundraising and scale-up planning. Sustainable Ventures brings extensive climate-tech experience, having backed over 1,000 startups, supported 7,000 green jobs and enabled more than £1.2bn in funding with an 80% portfolio success rate. Barclays has committed up to £500m in climate-tech investment by 2027.
Read at Business Matters
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